$1,450,000
$1,498,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
7234 Allott AVE Van Nuys, CA 91405
0.25 Acres Lot
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR23125657
Sold Date 09/01/23
Style Traditional,Bungalow
Originating Board California Regional MLS
Year Built 1955
Lot Size 0.253 Acres
Property Description
A rare opportunity in the heart of Van Nuys awaits! This quadruplex property offers 2,500 rentable square feet on a generous 11,000 square foot lot. With potential to add an ADU plus plans already in place, this is an incredible investment with outstanding growth potential. Three of the units have been fully remodeled and now feature modern convenience with washer and dryer included - making it easier than ever to attract quality tenants. The cap rate sits at 5.1 and GRM at 14.7 - don't miss out on this fantastic opportunity in a booming rental market!
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Rooms
Kitchen Freezer, Garbage Disposal, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool None
View City Lights
Roof Type Shingle
Building
Lot Description Grade - Level, Paved
Story One Story
Foundation Raised
Water Other, Hot Water, District - Public
Architectural Style Traditional, Bungalow
Others
Tax ID 2328005014
Special Listing Condition Not Applicable
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Bought with Carlo Honanian • Silver Spoon Properties